BSc Accounting and Finance
The BSc Accounting and Finance program at Warwick is designed to equip students with th...
MSc Innovation and Entrepreneurship
University of Warwick
INTAKE: September
Program Overview
The MSc in Innovation and Entrepreneurship at the University of Warwick is a full-time, one-year program that offers students the opportunity to develop the expertise needed to succeed in the competitive world of entrepreneurship. The program provides a robust grounding in innovation theory, entrepreneurship principles, and the practical skills necessary for business development. Students will explore topics such as the creation and commercialization of new products and services, the management of innovation, business strategy, and financing for startups. The program is designed to be highly interactive, combining lectures, case studies, group work, and project-based learning. Throughout their studies, students are encouraged to develop their own business ideas and to think critically about the role of innovation in driving business success. The program culminates in a dissertation or business plan project that allows students to apply their learning to real-world entrepreneurial challenges.
Curriculum: The MSc in Innovation and Entrepreneurship features a comprehensive curriculum designed to equip students with a broad set of entrepreneurial skills. Core modules include Entrepreneurship and New Venture Creation, Innovation Management, Strategy and Business Development, and Financing Innovation. These modules provide students with the necessary tools to understand and manage the entrepreneurial process from inception to launch. Additionally, students can choose from elective modules that allow them to tailor their studies to specific areas of interest, such as Marketing for Innovation, Digital Transformation, and Social Entrepreneurship. The program also includes practical elements such as business simulation games, consultancy projects, and opportunities for students to work on their own entrepreneurial ventures. The curriculum is designed to foster critical thinking, creative problem-solving, and leadership skills, ensuring that students are well-prepared to lead in the fast-evolving world of business.
Research Focus: The MSc in Innovation and Entrepreneurship emphasizes both academic research and practical application. Students are encouraged to engage in research-based learning to understand the role of innovation in business development. Research topics may include the exploration of emerging technologies, innovation ecosystems, business strategy in startup environments, and the challenges of scaling new businesses. Students will also focus on understanding the global business landscape, identifying market trends, and exploring the commercialization of innovation. Through collaboration with Warwick’s renowned Warwick Business School and the university’s extensive research facilities, students have access to cutting-edge research on entrepreneurship, innovation management, and business strategy. This focus on research equips students with the tools needed to become successful entrepreneurs or to pursue further academic research in business and innovation.
Industry Engagement: The MSc in Innovation and Entrepreneurship at Warwick offers strong connections with industry, helping students bridge the gap between academic theory and real-world business challenges. The program provides opportunities for students to engage with industry professionals through guest lectures, networking events, and workshops. Students also benefit from Warwick’s extensive links with the business community, including partnerships with startups, multinational corporations, and innovation hubs. These industry connections offer students the chance to gain valuable insights into the entrepreneurial world, learn from established entrepreneurs, and build professional networks that can support their ventures in the future. Furthermore, the program encourages students to undertake internships, work placements, or consultancy projects with leading companies, giving them hands-on experience in innovation management and entrepreneurship.
Global Perspective: The MSc in Innovation and Entrepreneurship has a strong global perspective, preparing students to succeed in the international business environment. The program includes an exploration of global entrepreneurship trends, international market entry strategies, and the challenges of innovating in diverse cultural and economic contexts. Students are exposed to case studies and business models from around the world, allowing them to gain insights into how innovation operates across different regions and industries. Warwick’s diverse student body and global network of alumni further enhance this global focus, as students will have the opportunity to collaborate with peers from different countries and learn from a variety of global business practices. The program also offers opportunities for international internships and collaborations with global organizations, providing students with the international exposure needed to succeed in today’s interconnected business world.
Location
University of Warwick
Score
IELTS 7
Tuition Fee
£ 36250
Postgraduate Entry requirements
1. Academic Qualifications: Postgraduate applicants are expected to hold a relevant undergraduate degree from a recognized institution, with a minimum academic achievement of 60% to 80%.
2. English Language Proficiency:
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IELTS (International English Language Testing System): Minimum overall score of 7.0, with minimum component scores of two at 6.0/6.5 and the remaining components at 7.0 or above.
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TOEFL (Test of English as a Foreign Language): Minimum score of 100 on the internet-based test (iBT), with minimum sub-scores of Reading 22, Listening 21, Speaking 23, and Writing 21.
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PTE (Pearson Test of English): Minimum overall score of 70, including 59 or above in all components.
Students must provide:
- academic marksheets & transcripts
- letters of recommendation
- a personal statement - SOP
- passport
- other supporting documents as required by the university.
Work experience: Some postgraduate courses may require relevant work experience in the field.
It is important to note that meeting the minimum entry requirements does not guarantee admission, as the university considers factors such as availability of places and competition for the program. Additionally, some courses may have higher entry requirements or additional selection criteria, such as interviews or portfolio submissions.
The University of Warwick offers a range of scholarships and financial aid opportunities to support international students pursuing their academic aspirations at one of the UK's leading universities. These scholarships are designed to recognize academic excellence, promote diversity, and alleviate financial barriers to higher education.
Chancellor's International Scholarship: The Chancellor's International Scholarship is offered to outstanding international PhD applicants across all disciplines. This scholarship covers the full payment of overseas tuition fees and provides a generous stipend to support living expenses. Recipients of this scholarship are selected based on academic excellence and research potential.
Warwick Marshall Scholarship: The Warwick Marshall Scholarship is open to students from select developing countries who wish to pursue a Master's degree at Warwick. This scholarship covers full tuition fees, accommodation, and living expenses for the duration of the Master's program. Applicants must demonstrate academic excellence, leadership potential, and a commitment to making a positive impact in their home countries.
Commonwealth Shared Scholarship: Warwick participates in the Commonwealth Shared Scholarship scheme, which enables students from eligible Commonwealth countries to pursue a Master's degree in selected subjects at the university. This scholarship covers tuition fees, airfare, living expenses, and other allowances. Applicants must meet specific eligibility criteria outlined by the Commonwealth Scholarship Commission.
Other Departmental Scholarships: Various academic departments and faculties at Warwick offer specific scholarships and funding opportunities for international students based on academic merit, research potential, and other criteria. These scholarships may vary by program and are typically advertised on departmental websites.
External Funding Sources: In addition to university-specific scholarships, international students are encouraged to explore external funding sources, including government scholarships, corporate sponsorships, and international organizations offering financial support for higher education. The university's international office provides guidance and resources to help students identify and apply for external funding opportunities.
It is important to note that scholarship availability, criteria, and application deadlines may change from year to year.
Graduates of the MSc Innovation and Entrepreneurship program at the University of Warwick are well-equipped to pursue diverse career paths in the dynamic and rapidly evolving fields of innovation and entrepreneurship. With their specialized knowledge, practical skills, and entrepreneurial mindset, graduates can embark on exciting careers in startups, established companies, consulting firms, venture capital firms, and social enterprises.
Entrepreneur: Graduates may choose to launch their own startups and become entrepreneurs, bringing innovative products, services, or business models to market. They may identify market opportunities, develop business ideas, assemble founding teams, and secure funding to turn their entrepreneurial visions into reality. They may work in a variety of industries, such as technology, healthcare, finance, or sustainability, and pursue opportunities for growth and expansion.
Innovation Manager: Graduates may work as innovation managers for companies, organizations, or research institutions, leading innovation initiatives and driving organizational change. They may develop innovation strategies, establish innovation processes, and foster a culture of creativity and experimentation within their organizations. They may collaborate with cross-functional teams to identify new opportunities for product development, process improvement, and business model innovation.
Product Manager: Graduates may pursue careers as product managers, responsible for overseeing the development, launch, and ongoing management of products or services. They may work closely with engineering, design, marketing, and sales teams to define product requirements, prioritize features, and create product roadmaps. They may conduct market research, gather customer feedback, and iterate on product designs to ensure market fit and customer satisfaction.
Venture Capitalist: Graduates may work as venture capitalists or investment analysts for venture capital firms, private equity funds, or corporate venture arms, evaluating investment opportunities in early-stage startups. They may conduct due diligence on potential investment targets, assess market potential and competitive positioning, and negotiate investment terms. They may also provide strategic guidance and operational support to portfolio companies to help them scale and succeed.
Innovation Consultant: Graduates may work as innovation consultants for management consulting firms, innovation agencies, or boutique advisory firms, helping clients to develop and implement innovation strategies. They may conduct market research, industry analysis, and competitive benchmarking to identify growth opportunities and innovation trends. They may also facilitate ideation workshops, design thinking sessions, and innovation labs to generate new ideas and solutions for clients.
Corporate Entrepreneur: Graduates may work as corporate entrepreneurs or intrapreneurs within established companies, driving innovation and entrepreneurial initiatives from within. They may lead corporate innovation labs, accelerators, or incubators, and champion new product development, process improvement, and business model innovation projects. They may navigate internal politics, overcome resistance to change, and build cross-functional alliances to advance innovation agendas.
Social Entrepreneur: Graduates may pursue careers as social entrepreneurs, launching ventures that address social, environmental, or humanitarian challenges. They may develop innovative solutions for poverty alleviation, healthcare access, education reform, or environmental sustainability, and create sustainable business models that generate positive social impact alongside financial returns. They may collaborate with non-profit organizations, governments, and community stakeholders to scale their impact and achieve systemic change.
Innovation Policy Analyst: Graduates may work as innovation policy analysts or researchers for government agencies, think tanks, or research institutes, analyzing policies and regulations that affect innovation and entrepreneurship ecosystems. They may evaluate the impact of government programs, tax incentives, and regulatory frameworks on innovation outcomes and economic growth. They may also develop policy recommendations to support innovation-led development strategies and foster a culture of entrepreneurship.
Technology Transfer Officer: Graduates may work as technology transfer officers for universities, research institutions, or technology transfer offices, facilitating the commercialization of research discoveries and intellectual property. They may assess the commercial potential of inventions, negotiate licensing agreements, and collaborate with industry partners to bring new technologies to market. They may also provide support and resources to faculty, researchers, and students interested in entrepreneurship and technology commercialization.
Startup Ecosystem Builder: Graduates may work as startup ecosystem builders, supporting the growth and development of entrepreneurial ecosystems in their communities or regions. They may work for incubators, accelerators, co-working spaces, or economic development agencies, providing resources, mentorship, and networking opportunities to aspiring entrepreneurs and startup founders. They may organize events, workshops, and networking events to connect entrepreneurs with investors, mentors, and potential collaborators.
